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IDA extends deadline for industrial registration to 31 December
The Industrial Development Authority (IDA) decided yesterday to give factories in industrial zones a penalty-free extension until 31 December to…
Manufacturing
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Ethydco, SIDPEC and ECHEM acquire 100% stake of CCI for USD 15 mn
M&A WATCH- Three state-owned companies close USD 15 mn buyout of CCI: State-owned companies Egyptian Ethylene and Derivatives Company (Ethydco),…
Whirlpool to expand product offerings in Egypt with MTI Holding
** #6 Home appliance producer Whirlpool Corporation and local partner MTI Holding will assemble and market in Egypt Whirlpool-branded top-loading…
Geyushi plans to set up production line to manufacture FAO cars
Egypt’s Geyushi Motors aims to set up a production line to manufacture FAO cars, said sources from Egypt Automotive. The…
Ahram Plastics to bring EGP 30 mn factory online in March 2019
Al Ahram Plastics expects to complete construction of its new EGP 30 mn plastics factory in Sadat City by the…
Alfa Masr to build EGP 50 mn paints factory in Sadat City
Alfa Masr for Coatings is looking to build an EGP 50 mn paint factory in Sadat City, CEO Osama El…
Suez Methanol signs USD 35-40 mn MoU with APICORP to finance methanol facility
Suez Company for Methanol Derivatives signed on Tuesday an MoU with the Arab Petroleum Investments Corporation (APICORP) on financing its…
Raya, Samsung mull EGP 300 mn washing machine plant
A subsidiary of Raya Holding is studying a EGP 300 mn investment in a plant that would manufacture washing machines…
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